ENTREPRENEURIAL ORIENTATION AND INNOVATION AS DETERMINANTS IN THE INTERNALIZATION OF SMES IN PUERTO RICO

Abstract

This research analyzes the relationship between entrepreneurial orientation, innovation capacity, and internationalization of small and medium enterprises (SMEs) in Puerto Rico. The exploratory study applied an electronic survey to a sample of 217 owners and/or administrators of SMEs who were selected from the database of the Puerto Rico Trade and Export Company. The variables are analyzed by using Pearson correlations; assuming the proactive and risk-taking dimensions for the entrepreneurial orientation variable and the dimensions of innovative approach and resources for innovation for innovative capacity. The results of the correlations of said variables, together with the exporting or domestic activities, allow to conclude that entrepreneurial orientation and innovation capacity are not determinants for the internationalization of the SMEs in Puerto Rico.